Vijay sold a watch at a loss of 50%. If

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Target Exam

CUET

Subject

General Aptitude Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Vijay sold a watch at a loss of 50%. If the loss is ₹2,400, then what is the selling price of the watch?

Options:

₹3,600

₹2,400

₹4,800

₹1,200

Correct Answer:

₹2,400

Explanation:

Selling price = 2400

Loss% = 50%

So,

50% of the cost price = selling price

Selling price = 2400